China Water Purifier Market Size, Share And Trends Report By Radiant Insights, Inc
The water purifier market in China is on the verge of attaining good dividends over the forecast period (2013 – 2018).
San Francisco, United States – August 29, 2016 /MarketersMedia/ —
The water purifier market in China is on the verge of attaining good dividends over the forecast period (2013 – 2018). Water purifiers are devices aimed to deter bacteria or other contaminants from entering the water supply. Chinese citizens are keen to avoid another disaster like the Lanzhou water pollution incident. The market is estimated to cross USD 1.9 billion by 2018. Consumer awareness regarding health is the primary driving factor.
The Chinese water purifier market is segmented by products, end-users, distribution channels, and geographies. Products comprise of gravity, RO (reverse osmosis), and UV (ultra-violet) purifiers. RO purifiers are embedded with a semi-permeable membrane which selectively filters out clean water. UV water purifiers rely on ultraviolet radiation to kill harmful bacteria. They are more expensive than RO purifiers and hence will face a declining demand. RO based purifiers will be a lucrative product on account of providing benefits at an economical price. Gravity water purifiers are plagued with high replacements and limited screening capability.
Browse Full Research Report With TOC: http://www.radiantinsights.com/research/water-purifier-markets-in-china
End-users encompass residential and commercial. Commercial sector is adopting water purifiers in an attempt to protect its employees. Distribution channels include online, conventional, and retail stores. Conventional stores are more popular among consumers and occupy over 40% market shares. Online stores have 17% shares. South China, North China, East China, and West China are the major geographies of concern to the Chinese market. Eastern China earned huge revenue shares for the market. This was followed by North, Northeast, and South Central China.
Coway Co. Ltd., Kent RO System Ltd., 3M Center, Honeywell International Inc., and Paragon Water System Inc. are prominent players of the water purifier market in China. Alliances and mergers are a common strategy adopted by these players to sustain their market hold. Recently in 2016, Coway signed an alliance with Haier to expand their presence in the Chinese market.
See More Reports of This Category by Radiant Insights: http://www.radiantinsights.com/catalog/housewares
About Radiant Insights,Inc
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
For more information, please visit http://www.radiantinsights.com/research/water-purifier-markets-in-china
Contact Info:
Name: Michelle Thoras
Email: sales@radiantinsights.com
Organization: Radiant Insights, Inc
Address: 28 2nd Street, Suite 3036, San Francisco, CA 94105, United States
Phone: 1-415-349-0054
Release ID: 129967
Copyright © 1999-2013 SproutNews.com
